Dan Frey Home Loans
Call Dan

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$457,788$405,000
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.090%7.320%
Blended rate5.940%7.560%
1st payment$2,657.23$2,782.07
2nd payment$0.00$0.00
Taxes / mo$416.00$416.00
Insurance / mo$150.00$150.00
MI / mo$347.06$81.00
HOA / mo$1,736.00$1,736.00
Total monthly$5,306.28$5,165.07
Cash to close$0$45,000